Welcome to the Ninja Generation Wiki page on the Monetary System. We hope that this will solve most if not all of your problems concerning the Economy, and the way money works on NG. Unlike most sites where a currency would just be provided but only one use, NG utilizes a variety of ways to use, redistribute, and fluctuate the monetary value of the currency. In this article we will explain the international currency, Teng (Ten - jah), as well as the various country created currencies. Also explained in this guide are the Tax Rates, Exchange Rates, Stocks, Loans, and Interest Rates.
The money that is used here is called Teng. It is what you earn when you roleplay and what you use to get weapon upgrades, new jutsu, items, etc. Though depending on what nation you belong to, you might need to exchange the national currency for Teng.
Due to the national governments which run this world, Ninja Generations has you the player pay taxes to whichever government you are under. This taxation is a straight 10% of your earnings and goes into the war chest of your government whose leader(s) will then build cities, buildings, etc., fund research for medicine, technology, and military instruments, or wage war on other nations.
In this world each country has its own currency and the universal currency Teng. There is an exchange rate between the national currency and the international currency which is used to buy the things you need. The exchange rate fluctuates with the stocks of each corporation in the countries. (This explained in the Stocks section).
There are corporations which span the world and these corporations have stocks in which you buy and sell. The values of these stocks depend on how well the corporations perform and world wide events. These stocks also monitor and regulate the Exchange Rate between the national currencies and Teng.
Along with corporations there are banks in this world where you can get a bank loan of certain currencies to buy an item you could not previously afford. You will then set up a payment plan where you can then pay back the money which you borrowed from the bank.
If you do not pay back the bank on the dates certain payments are due, the interest rate will then increase. This in effect increases the amount of money you have to pay by a percentage every time you are late with a payment.